| Text | Modification of a senior mortgage does not::does/does not forfeit the mortgage’s priority over a junior mortgage. Exception: senior mortgagee subordinates its interest as to modification that prejudices the junior mortgage. |
|---|
Tags: property
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Part real estate contract satisfy sof performance showing
Previous card: Buyer insolvent seller seller's reclaim goods delivery and provided
Up to card list: California bar prep